Restaurant
Whataburger | 20-Year Absolute NNN Lease
14751 US-231, Hazel Green, AL 35750
Listing Price: $2,900,000
Investment Overview
NEW 20-YEAR ABSOLUTE NNN GROUND LEASE
- Freestanding single tenant quick-service restaurant 100% leased to Whataburger (no Landlord management or maintenance obligations whatsoever)
- Passive long-term lease shall commence upon Close of Escrow offering a new investor the maximum attainable term
SCHEDULED RENT INCREASES OF 10% EVERY 5-YEARS DURING THE PRIMARY LEASE TERM & OPTIONS
OPEN 24 HOURS / 7-DAYS PER WEEK
LATEST WHATABURGER BUILDING DESIGN | LARGE OUTDOOR SEATING AREA
-Building design includes a dual-lane drive-through to expedite
ordering and increase volume
HUNTSVILLE ALABAMA MSA LOCATION: RANKED AMONG COUNTRY’S MOST PROSPEROUS METROS FOR 2023 (BY MYELISTING.COM)
- Hazel Green is situated 20 minutes north of Huntsville and part of the Huntsville MSA- Huntsville, AL was ranked “Best Place to Live in U.S.” for 2022-2023 by U.S. News & World Report 2
WHATABURGER - RENOWNED BURGER CHAIN & RAPIDLY EXPANDING
- Privately owned American fast-food chain with over 1,000 locations
- Headquartered in San Antonio and currently operating in 15 States
- Annual sales revenues exceed $3.7 Billion
- Consistently Ranked in the Top 25 Fast Food chains in the U.S.
Broker of Record
Financing By
Listing Price: $2,900,000
Investment Highlights
- NEW 20-YEAR ABSOLUTE NNN GROUND LEASE (24-Hour Location)
- ADJACENT TO WALMART SUPERCENTER & NATIONAL RETAILERS
- SITUATED ALONG MAIN HIGHWAY | EXCELLENT VISIBILITY & ACCESS
Investment Overview
NEW 20-YEAR ABSOLUTE NNN GROUND LEASE - Freestanding single tenant quick-service restaurant 100% leased to Whataburger (no Landlord management or maintenance obligations whatsoever) - Passive long-term lease shall commence upon Close of Escrow offering a new investor the maximum attainable term SCHEDULED RENT INCREASES OF 10% EVERY 5-YEARS DURING THE PRIMARY LEASE TERM & OPTIONS OPEN 24 HOURS / 7-DAYS PER WEEK LATEST WHATABURGER BUILDING DESIGN | LARGE OUTDOOR SEATING AREA -Building design includes a dual-lane drive-through to expedite ordering and increase volume HUNTSVILLE ALABAMA MSA LOCATION: RANKED AMONG COUNTRY’S MOST PROSPEROUS METROS FOR 2023 (BY MYELISTING.COM) - Hazel Green is situated 20 minutes north of Huntsville and part of the Huntsville MSA- Huntsville, AL was ranked “Best Place to Live in U.S.” for 2022-2023 by U.S. News & World Report 2 WHATABURGER - RENOWNED BURGER CHAIN & RAPIDLY EXPANDING - Privately owned American fast-food chain with over 1,000 locations - Headquartered in San Antonio and currently operating in 15 States - Annual sales revenues exceed $3.7 Billion - Consistently Ranked in the Top 25 Fast Food chains in the U.S.
Broker of Record
-
Eddie Greenhalgh
Senior Vice President Investments
Financing By
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